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La-Z-Boy Inc. (LZB) is one of the world's largest manufacturer of furniture and is best known for its reclining chairs. The following data (in thousands)
La-Z-Boy Inc. (LZB) is one of the world's largest manufacturer of furniture and is best known for its reclining chairs. The following data (in thousands) were adapted from recent financial statements:
Accounts Payable | $62,403 | ||
Accounts Receivable | 154,055 | ||
Accrued expenses payable | 118,721 | ||
Accumulated depreciation | 339,890 | ||
Common stock | 46,788 | ||
Cash | 136,871 | ||
Intangible assets | 93,444 | ||
Inventories | 184,841 | ||
Debt due within one year | 223 | ||
Long-term debt | 199 | ||
Other current assets | 42,451 | ||
Other long-term assets | 100,423 | ||
Other long-term liabilities | 86,205 | ||
Other stockholders' equity items | 286,784 | ||
Property, plant, and equipment | 520,772 | ||
Retained earnings | 291,644 |
Prepare a classified balance sheet as of April 28.
Assets | ||
Current assets: | ||
Accounts payableAccrued expensesCashCommon stockIntangible assets (trade names)Other long-term assetsCash | $Cash | |
Accounts payableAccounts receivableDebt due within one yearLong-term debtOther long-term liabilitiesRetained earnings | - Select - | |
Accrued expensesCommon stockIntangible assets (trade names)InventoriesOther long-term liabilitiesRetained earnings | - Select - | |
Accounts payableAccrued expensesDebt due within one yearOther current assetsOther long-term assetsOther long-term liabilities | - Select - | |
Total current assets | $fill in the blank 9 | |
Fixed Assets: | ||
Accounts receivableCommon stockIntangible assets (trade names)InventoriesOther long-term liabilitiesProperty, plant, and equipment | $- Select - | |
Debt due within one yearIntangible assets (trade names)Less accumulated depreciationLong-term debtOther current assetsProperty, plant, and equipment | - Select - | |
Total property, plant, and equipment | fill in the blank 14 | |
Accounts payableAccounts receivableIntangible assetsCashCommon stockInventories | - Select - | |
Accounts payableCashCommon stockInventoriesOther long-term assetsOther long-term liabilities | - Select - | |
Total assets | $fill in the blank 19 | |
Liabilities | ||
Current liabilities: | ||
Accounts payableAccounts receivableCashCommon stockProperty, plant, and equipmentIntangible assets | $- Select - | |
Accounts receivableAccrued expenses payableCashCommon stockIntangible assets (trade names)Less accumulated depreciation | - Select - | |
Accounts receivableCommon stockDebt due within one yearIntangible assets (trade names)Property, plant, and equipmentRetained earnings | - Select - | |
Total current liabilities | $fill in the blank 26 | |
Long-term liabilities: | ||
Less accumulated depreciationLong-term debtOther current assetsOther long-term assetsProperty, plant, and equipmentRetained earnings | $- Select - | |
CashInventoriesOther current assetsOther long-term assetsOther long-term liabilitiesProperty, plant, and equipment | - Select - | |
Total long-term liabilities | fill in the blank 31 | |
Total liabilities | $fill in the blank 32 | |
Stockholders' Equity | ||
Accounts payableAccounts receivableAccrued expensesCommon stockProperty, plant, and equipmentIntangible assets (trade names) | $- Select - | |
InventoriesOther current assetsOther long-term assetsOther long-term liabilitiesProperty, plant, and equipmentRetained earnings | - Select - | |
InventoriesOther current assetsOther long-term assetsOther long-term liabilitiesOther stockholders' equity itemsProperty, plant, and equipment | - Select - | |
Total stockholders' equity | fill in the blank 39 | |
Total liabilities and stockholders' equity | $fill in the blank 40 |
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